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Despite this, Safemoon has a small but fiercely loyal base of fans who continue to hold the token for the long term. This fanbase has kept the price of Safemoon above zero, despite a sudden drop from all-time highs in April and May of 2021.
In conclusion, our Safemoon forecast has covered what this token is and how it functions. As you can imagine, Safemoon’s small size combined with the media attention it has received has meant that many retail investors believe it could reach dizzying heights. Although this could be true, the fact that Safemoon doesn’t have any real-world uses as of yet could be an issue; however, if this changes, we could see some significant moves in the months and years ahead.

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Crypto may be dependent on tech, but it’s creating a seismic shift in society. And now that crypto isn’t exclusively in the hands (or, rather, digital wallets) of investors, what does that mean for the masses?

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    SafeMoon is not yet listed on Coinbase or Binance. However, the currency does hope it will achieve this in the future.

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    The country previously banned financial institutions from offering crypto related transactions, and warned investors against speculative trading in them.

    Still, ETF sponsors remain sceptical that the SEC is poised to act in the near futures.
    With Safemoon whales joining the Bitrise coin, it is a sign of confidence in the Bitrise coin.

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    The world’s most popular cryptocurrency led other dominant coins and altcoins into a dip, with Bitcoin’s value alone down by 6.5% on the last 24 hours as of 10.30am.
    In 2012, former Airbnb software engineer Brian Armstrong became frustrated with the "high fees" and "opaque" nature of overseas digital transactions, so he and former Goldman Sachs trader Fred Ehrsam founded Coinbase, where people can easily buy and sell cryptocurrencies without having to go through a bank.

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Bradley Tusk, a political consultant and venture capitalist who financially backed Coinbase, said the company's public offering shows that more Wall Street banks and other traditional investors are warming up to the idea of cryptocurrency.

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Dave Portnoy is no stranger to speaking his mind or to the world of investing—he even calls himself Davey Day Trader. So it shouldn’t come as a total surprise that on Monday the Barstool Sports founder announced his allegiance to SafeMoon, the latest meme asset—or “shitcoin”, as Portnoy likes to say—getting attention from the crypto community. Much whimper, very shrink: Dogecoin drips 20% on Doge Day Oh, snap: Crocs stocks are trading at an all-time high What is a direct listing? And why is it more risky for investors than an IPO?

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